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Benzinga

Business

Adam Eckert

Why ChargePoint Stock Is Sliding After Hours

ChargePoint ChargePoint Holdings CHPT

ChargePoint Holdings Inc (NYSE:CHPT) shares are trading lower in Tuesday's after-hours session after the company reported mixed financial results.

ChargePoint said fiscal first-quarter revenue increased 102% year-over-year to $81.6 million, which beat the estimate of $75.72 million, according to data from Benzinga Pro. The EV charging company reported a quarterly loss of 27 cents per share, which missed the estimate for a loss of 19 cents per share.

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One subscription that gives you access to news from hundreds of sites

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